After a careful analysis of the leaked Wikileaks TransPacific Partnership intellectual property chapter, it turns out the United States isn’t trying to limit Internet freedom as alarmists would lead you to believe, but rather trying to elevate the standards of its participating member countries.
Top Competitors Continue to Outinvest the United States in Export Credit Financing
The United States’ Export-Import Bank (Ex-Im Bank) fills an important role in leveling the playing field for U.S. exporters by matching credit support that other nations provide to their exporters, thus ensuring that U.S. exporters are able to compete against foreign competitors based on the quality and price of their products and services, and not loose sales because a foreign government has helped a foreign competitor by providing superior financing terms to a potential buyer. Unfortunately, America’s top competitors in Europe and Asia invest significantly more in export credit financing than the United States as a share of their economies, and—in China’s and Korea’s case—even current dollars. This blog reports the latest comparative data on countries’ investments in export credit finance.
The Healthcare Battle You Don’t Know About
Wrapped up in the negotiations for the Trans-Pacific Partnership (TPP) is the issue of intellectual property protections and whether U.S. trading partners will be able to “free-ride” on American innovation. Failing to properly protect intellectual property in the TPP not only affects the U.S. economy, but will also have a lasting impact on patient health.
Trade Liberalization Enhances Economic Growth: New Evidence
Using data from the Annual Social Information Report and the Brazilian Occupational Classification, a new paper compares the change in the demand for either “routine” or “non-routine” tasks before and after the repeal of the “Informatics Law” in Brazil to the percentage of workers using computers.
The Frontiers of Economic Integration Conference
Stephen Ezell participated in a panel on Electronic Commerce and Data Privacy at the Frontiers of Economic Integration Conference hosted by The Chicago Council on Global Affairs on October 30 at the Federal Reserve Bank of Chicago.
Innovation Mercantilism’s Dangerous Consequences for American Manufacturing
Over the last decade, a growing number of countries have come to embrace a new kind of protectionist trade policy that seeks to expand domestic innovation capacity and technology exports by manipulating the international trading system and subverting the intent of free trade. ITIF calls these practices “innovation mercantilism,” and they cover a wide range of methods, including localization barriers to trade (LBTs), indigenous innovation, currency manipulation, and intellectual property theft. Together, these policies drastically inhibit the ability of U.S. enterprises to effectively compete.